The UK Economy

Weekly Trading Forecasts for Major Pairs (June 18 - 22, 2018)

17 Jun 2018 @ 05:48
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market began the current strong bearish movement in April. This month (especially from early June), price consolidated till June 14, before the large pullback we are currently witnessing. The large pullback has put more emphasis on the dominant bearish bias; thus price is […]
 

Daily analysis of major pairs for June 11, 2018

11 Jun 2018 @ 09:07
Daily analysis of USD/CHF for June 11, 2018 USD/CHF This is a weak market, for the USD/CHF has been caught in a slow and gradual bearish movement since May 10 (over 230 pips). It is possible that the market would continue going further downwards (albeit slowly), especially when EURUSD gains a lot of stamina. This […]
 

Weekly Trading Forecasts for Major Pairs (June 11 - 15, 2018)

10 Jun 2018 @ 08:32
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is bearish in the long-term, and bullish in a very short-term. Since May 30, price has been making a measure of bullish attempt (save the correction that was witnessed on Friday). A movement above the resistance lines at 1.1850, 1.1900 and 1.1950 […]
 

Ethereum Price Analysis – April 11

27 May 2018 @ 06:14
ETHUSD Medium-term Trend: Bullish Resistance: $435, $430, $425 Support: $405, $410, $415 The ETHUSD pair had a bearish outlook yesterday. The MACD line and the signal line were below the zero line. From the price action, Ethereum had a bearish view but it commenced a range bound movement. Today, price of Ethereum is in a […]
 

Weekly Trading Forecasts for Major Pairs (May 14 - 18, 2018)

13 May 2018 @ 04:12
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended downwards last week, testing the support line at 1.1850. Several attempts to breach the support line to the downside were not successful, and as such price bounced upwards by 100 pips from the line. The upwards bounce is seen as an […]
 

Daily analysis of major pairs for May 7, 2018

07 May 2018 @ 05:05
Daily analysis of USD/CHF for May 7, 2018 USD/CHF This pair has normally been going upwards as EURUSD is going downwards. Price has gained over 800 pips since February 16 (it gained 130 pips last week). The great psychological level at 1.000 has eventually been reached and a lot of activity has started around that […]
 

Daily analysis of major pairs for April 30, 2018

30 Apr 2018 @ 05:07
Daily analysis of USD/CHF for April 30, 2018 USD/CHF This pair went upwards last week (gaining 150 pips). Over 300 pips have gained in the last two weeks, and this is just the beginning, because the northwards journey would continue as a result of the stamina in USD. The resistance level at 0.9900 has been […]
 

Melrose Industries to remain an ugly market

26 Apr 2018 @ 12:56
Melrose Industries shares (LSE:MRO) are not a sexy market. In fact, it is an ugly market. After the brief rally of December 2017 and January 2018. Since then, the market has been experiencing short-term upswings and downswings. Moving between the resistance level at 240.00 and the support level at 200.00. The current short-term swings should […]
 

Weekly Trading Forecasts for Major Pairs (April 16 - 20, 2018)

14 Apr 2018 @ 14:41
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral Irrespective of the bullish attempt that was witnessed last week, the outlook on EURUSD remains neutral. The neutrality has been ongoing for over 2 months, and the bullish attempt that happened last week pales into insignificance when compared to the overall outlook on the […]
 

Weekly Trading Forecasts for Major Pairs (April 9 - 13, 2018)

08 Apr 2018 @ 10:34
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair is bearish in the short-term, which is still a weak bias. Price went downwards last week, moving briefly below the support line at 1.2250, and closing above it on Friday. There are resistance lines at 1.2300, 1.2350 and 1.2400. Things will go […]
 
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